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? > > you know, one thing, we're not looking for a lot of infantrymen in corporate america. but we are looking for the things that the infantryman is trained in - are they good at logistics, are they good at task-oriented missions? can they take the discipline they learned in the military and translate that outside? if they can take those pieces and translate it into civilian speak, they will do well at the home depots of the world, where they're looking for those kind of team leaders. > > civilian speak. their resume has to be in civilian speak too. > > absolutely. a perfect example: how do i take 28 years of blowing things up as a combat engineer and put it in two pages of what corporate america wants? for me, you look at three things: you look at money, you look at men, and you look at material. money, how much of a budget did you control? how much money did you make for your company or save for your company? men - how many people did you supervise? and finally, material - what kind of stuff did you supervise? how many trucks or how much stuff did you ship out? those three thing
% last year. corporate america is holding on to its cash, tightly. a new report reveals 40 of the largest publicly-traded companies plan to hold back on captial investments for the next two years. overall, business investments are down for the first time since 2009. it's attributed to fiscal cliff fears on capitol hill. corporate america has been one of the most public groups to urge congress to avert going over the cliff. reportedly, the corporate sector has started protecting its profits much like it did during the financial crisis. the housing market continues to heal. existing home sales and home prices both edged up in october according to the national association of realtors. sales of previously owned homes rose 2.1%, exceeding economists' expectations. the median price of those homes climbed 11.1% to $178,600. additionally, the number of homes on the market decreased 1.4% to 2.14 million, the fewest since december 2002. the gains are said to have a positive effect on consumer confidence and spending. 26 billion dollars - that's the amount big banks say has been given to help strugg
the odds of america falling off the fiscal cliff. in today's cover story, retailers turn the clock back on black friday - all the way to thursday. plus, damages continue to add up following superstorm sandy. what you can learn to protect yourself from future natural disasters. and, is apple's break-down causing some market jitters? first business starts now. you're watching first business: financial news, analysis, and today's investment ideas. good morning. it's friday, november 9th. i'm angela miles. in today's first look: it's another downer for the stock market. the dow tumbled more than 100 points yesterday, falling to its lowest level since july, mostly due to uncertainty about the future of the u.s. and global economies. groupon shares fell 13% after the close on earnings news. revenues were up, but the coupon company had a net lost of nearly 3 million dollars. profits were up at disney thanks to espn and growth at theme parks. and priceline is set to buy online travel company kayak for $40 per share. how low will this market go? ben lichtenstein of joins us
. stick with the winners, stick with large-cap u.s. growth. > > go with america is your theme. > > absolutely, because i think the world is really going to be watching these election results, and what typically happens is americans get behind each other together and move forward, and i think we're going to get to a really strong finish for the year. > > that's a very positive thought. i think i'll leave you right there. that's matt shapiro, president of mws capital. thank you matt. some women tend to be more charitable than men. an indiana university report on philanthropy shows baby boomer generation women and older donate more money more frequently to charity than men. analysis found that men tend to think about donating to non- profits as a "financial transaction," while women enjoy the benefits of a relationship with a non-profit organization. the number of americans living paycheck-to-paycheck is starting to show signs of improvement. according to a survey by careerbuilder, 40% of workers report always or usually living paycheck-to-paycheck, versus 42% in 2011. the percen
actually hurt the economy. that's next. america, you deserve a break. studies show americans get an a + at working hard, but are failing at taking vacations. sara gavin, director of public relations for expedia joins us this morning. good morning. why are people not using their vacation time? > > thanks so much for having me angela. you are exactly right. america is starved for vacation. we do this survey every year - we surveyed 22 different countries - and there are some things we wouldn't be surprised at. europeans get much more vacation than americans do. but for the first time, this year, we have an alarming trend: we are actually at the bottom of that barrel. for the first time we actually fell behind japan in terms of number of vacation days. so, last year we got 14 and took about 13. this year we only got 12 and we're only taking 10 days, leaving 2 on the table even though we get fewer days overall. > > is this good or bad for the economy? > > it is actually awful for the economy in two ways. on the one hand, hospitality and tourism really drives the economy in a lot of c
mulholland of china-america capital joins us now. good morning to you tim. it is the final trading day of the month. what do you anticipate? > > i think more of the same we've been seeing. the market seems to think it has a lot of resilience. we bounced earlier this week off of the 200-day moving average. s&p down around 1382-3 level. we are now near the post-election highs, which, end-of-month buying, typically book-squaring and so forth, typically leads to higher prices, so i would probably expect that, albeit interrupted by headlines regarding the fiscal cliff. > what is your reaction to a lawmaker who wants to put an extra tax on high-speed trading? what do you think about that? > > i think it is short- sightedness. i don't mean that as any real criticism, but when you look at it, they really want to arrest the problem. it should really be on cancellations. the speed of trading isn't- in my opinion, isn't really the issue. speed should be competitive and whatnot. as long as everyone has the same fair advantage to that, i think that's what the key is. putting a tax on a broad level,
of china america capital joins us now from the trading floor of cme group. good morning, good to have you on the show this morning on this jobs friday. > > good to be here. > > what do you anticipate as far as the numbers? > > looking at the adp report wednesday and yesterday's jobless claims report, expectations are probably on the high side. my expectation, for whatever it's worth, and i really don't think it's worth that much no matter what comes out, but 140,000. as long as we're north of 120,000, 140,000, i think it will be ok. the key is going to be the unemployment rate itself, which eyes will be focused on given the sharp drop it had at last month, and it's expected to uptick one or two basis points to 7.8%, 7.9%. so i think that's going to be real key to watch as well. > > and it turns out that consumers are confident. consumer confidence coming in at a four-year high. what do you make of that? > > i think that consumer confidence really goes with the market itself. granted that we have avoided a summer in which things could have turned very bad, and now i think we're looking at
in america and tax penalties on companies outsourcing jobs, to raise the quality of education to create a better skilled workforce, and further investments in clean energy as well as investing in jobs that repair u.s. roads and bridges. he also wants tax breaks for the middle class or people earning less than $250,000 per year while raising taxes on the wealthy. governor romney is calling for tax breaks for the wealthy and the middle class in 20% across the board, deep cuts in services and social programs, and eliminating corporate regulations. his job creation plan includes oil drilling. twelve years after the 2000 presidential election, which involved a recount in florida and a lot of concern over "hanging chads," many states have converted to electronic voting machines. but as our cover story explains, a lot of states use e-voting without paper back-up - including some of the so-called battleground states. according to verified, a non-partisan advocate for accurate and verifiable elections, pennsylvania, virginia and colorado are among more than a dozen states where some
this election will help america move forward, and i would like to see a lot of positive momentum going into the christmas santa claus rally season. > > you may get that, there may be a big relief rally when all of this is over. we'll all be relieved, matt. good to have you on the show. have a good day. > > thanks. coming up tomorrow, we will take a look at stocks and sectors that are pro-governor romney and pro-president obama. from all of us at first business, happy election day. . >>> the unusual move one presidential candidate is making today as they head to the pole. >>> three people are behind bars this morning after the death of a baby in marin county, what the coroner found that led to their arrests. it is all on the ktvu channel 2 morning news. complete coverage starts right now. this is ktvu channel 2 morning news. >>> well, good morning, it is election day. >> it seems like it is going to be nice weather. >> today will still be sunny nice to warm and we will lose a little bit of that offshore component it will not be that night but we have big changes later in the week, here
the next time you shop. ways corporate america plays on emotions to get you to buy, buy, buy. that's next with bill moller. why do we buy one brand of bread or cereal or a car over another ? is it quality? reputation? price? maybe it has something to do with our psychological and emotional needs. let's talk about this. "empathetic marketing" is a book by dr. mark ingwer. he's a consumer psychologist. 85% of all consumer decisions, he says, are made based on a emotional factors. so it's not the rational choices we make. explain how emotion has so much to do with our buying habits. > > firstly, it's not simply what i say, it's proven by neuroscience. there is so much data to identify that what we are doing actually is unbeknownst to us. it is very similar to how we connect to people. it all comes down to something that we call empathy, feeling a deeper connection. and that is ultimately what differentiates good marketers, good products, good services from the ones that... > > so it's the subconscious connection we have with a product it sounds like. > > absolutely. it's like people, people
corporate america for congress to reach a consensus before the country falls off the so-called fiscal cliff. president obama is holding nearly a week's worth of discussions with activists and business leaders from across the country. labor leaders who spent time at the white house tuesday say the president remains committed to tax breaks for the middle class and higher taxes for the wealthy. also yesterday, tech executives from dell, intel, ibm and more warned congress and the president failing to take action is "unacceptable." today he meets with the ceos of ge, walmart and other corporations. david siegel, the ceo who told his employees that some of them would face layoffs if president obama was re-elected, instead handed out 5% raises. his company, westgate resorts, enjoyed record profits this year and he says he wanted to share the wealth. not exactly upbeat about t t t ture, siegel says his employees will need those raises to deal with the impending higer costs he believes everyone will have to dure under an obama administration. a tasty piece of americana may be in jeopardy. hostess b
. that's the end of the road for us today. coming up tomorrow - why is corporate america holding back on hiring? our traders go unplugged with their views. from all of us at first business, have a great day. . >>> a situation that is no laughing matter, a famous comedian is detained outside of a hotel. >>> and the new reports after the richmond refinery fire. it's all ahead on the ktvu channel 2 morning news. this is ktvu channel 2 morning news. >>> good morning, thank you for waking up with us on this thursday, november 14th, what is going to be like, steve? >>> we'll see increasing clouds coming in, it will lead to more rain tomorrow but not too bad right now we will end up cooler today and highs will be in the 60s for many i guess my graphics are not of ming but you'll just have to trust me, here is sal. >>> we have had a couple of accidents west 80 san pablo road. let's go to some live pictures here. this is traffic you can see it is moving welcoming to the willow pass grade and this morning if you are driving in
at retailers that are popular with wall street and with main street. america's most successful store, not too surprising, is apple, by a wide margin, followed by: 2. tiffany & co. 3. lululemon athletica 4. coach 5. michael kors 6. select comfort 7. true religion 8. vera bradley and, 9. birks & mayors in the ipo market this week, paper company boise cascade hopes to raise up to $200 million in its ipo. the public offering may have traders watching office max. shares of office max spiked 27% on friday due to the large stake it holds in boise cascade. meanwhile, wi-fi company ruckus wireless had a shaky first day in the markets. the stock fell 4% following its ipo. and, watch for alon usa partners, which hits the market this week. the oil refinery company is pricing in between 19 and 21 dollars. if your flock plans on eating an organic, free-range, specially- fed bird, here's one. this big bird could set you back $335. the heritage turkey farm in virginia is reporting brisk sales of the 20-pound birds. it may sound like they were raised at the waldorf, but the birds are really just given suffici
you angie. great to be with you again. > what is your latest survey showing about savings in america? > > savings remains a very high priority among consumers. about one-in-five say that is their top financial priority right now. paying down debt also very popular. but, the most common response among consumers is that their top financial priority is either getting caught up or just staying current on the bills. and angie, that right there in a nutshell shows why this economy is stuck in first gear. > are they concerned about rising household expenses, for instance? > > absolutely. so many households are dealing with stagnant incomes, but yet, household expenses continue to creep higher, particularly in areas like health care, energy, and food, and it's just further squeezing their spending power. and again, that is why the economy is stuck in first gear. > in your survey, did you question them specifically about the fiscal cliff? are they concerned? > > we didn't question them specifically about the fiscal cliff, but based on the responses, it is really clear to me that that uncertai
for awhile now. but it doesn't seem to be really impacting u.s. sales and north america remains a very profitable wing for most of these automakers worldwide. so europe is slumping and slowly but surely automakers are starting to remove capacity from that region and that should help them deal with it in the long run." that was kelsey may of ford and gm both expect to lose money in the eurozone. ford sees losses topping $1 billion. gm says it could lose as much as $1.8 billion. 18.5 million. that's the number of europeans who are currently unemployed. the region's jobless rate hit an all-time high in september of 11.6%. 146,000 people lost their jobs in the last month. spain and greece have the highest unemployment rates - both hover around 25%. young people have been hit the hardest - 3.5 million young people under the age of 25 are out of work. jpmorgan is still chasing down employees involved in the bank's massive $6-billion trading loss. reports say jpmorgan is suing the man who supervised "bruno iksill," the trader known as the london whale. iksill is said to be responsi
Search Results 0 to 14 of about 15